Hex
Hex is a collaborative data workspace with AI-powered notebooks, used by companies like Notion to analyze data and share insights.
Secondary Market Price
Secondary Market Price
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Company Description
Hex develops a collaborative data workspace that allows teams to analyze, visualize, and share interactive insights. The platform combines flexible notebooks for SQL and Python with no-code accessibility, enabling both technical data scientists and business analysts to build models and create shareable dashboards. Currently, over 500 companies, including Brex, Notion, Anthropic, and Fivetran, use Hex to explore their data. The company was founded in 2019 in San Francisco by three former Palantir executives: Barry McCardel (CEO), Caitlin Colgrove (CTO), and Glen Takahashi (Chief Architect).
The company is focused on leading the next wave of data collaboration, fueled by significant recent developments. Hex recently launched its "Notebook Agent," an AI-powered feature that integrates Claude Sonnet 4, allowing users to automate analytics workflows and generate insights using natural language. This product innovation was followed by the acquisition of database software company hashboard in April 2025 and a $70 million Series C funding round in May 2025. These milestones underscore Hex's plans to expand its AI-driven capabilities and scale its operations within the growing big data and analytics markets.
- Andreessen Horowitz
- Sequoia Capital
- Y Combinator
- Redpoint
- Samsung Next
- Amplify Partners
- Sorenson Capital
- Snowflake Ventures
- Grand Ventures
- Co-Founder, CEO Barry McCardel
- Co-Founder, CTO Caitlin Colgrove
- Co-Founder, Chief Architect Glen Takahashi
Peer Group Comparison
Vs Peer Group of >$4B Startups
How Hex Measures Up
To help you manage your Hex equity, Prospect has run the company through our machine learning model.
Prospect Rating
2x
Our rating indicates we project Hex will be worth at least twice its current valuation within four years. For an employee with stock options, this suggests the value of their equity could also double if the company meets this projection.
Exit Risk
Moderate Risk
Our Moderate Risk rating for Hex reflects its strong growth and backing from top investors, balanced by the significant challenge of competing with entrenched incumbents in the data analytics market.
Funding Stage
Series C
Since Hex is at the Series C stage, it means the company has a solid foundation and is focused on expanding its success. This offers you the stability of a more mature company combined with the exciting growth opportunities of a startup that's still on the rise.
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Hex worth joining?
Hex shows strong signs of growth, including 4x year-over-year revenue growth in 2022 and backing from top-tier investors like Andreessen Horowitz and Redpoint Ventures. Platforms like Prospect can help you evaluate the company's potential and what your equity could be worth.
What should I do with my Hex stock?
Deciding what to do with your private company stock depends on your personal financial situation and the terms of your equity grant. Tools like Prospect offer resources for scenario modeling and tax optimization to help you make informed decisions about your equity.
Can you sell Hex stock?
As Hex is a private company, its stock is not available on public exchanges like the NYSE or NASDAQ. However, employees may sometimes sell shares on secondary markets, and platforms like Prospect can provide data on secondary market prices.
How can I find the value of my Hex stock?
Hex's most recent valuation is between $500 million and $1 billion, which provides a general benchmark for its stock value. For a more personalized estimate, you can use tools like Prospect's equity calculator, which uses data-driven models to project what your specific equity could be worth.
What is Hex's equity worth?
Hex has a latest valuation between $500 million and $1 billion, reflecting the total estimated worth of the company's equity. The value of an individual's equity stake would be a percentage of this total valuation, depending on the number of shares they hold.
What is Hex's stock ticker symbol?
Hex does not have a stock ticker symbol because it is a private company and its shares are not traded on public stock exchanges. Ticker symbols are only assigned to companies when they undergo an Initial Public Offering (IPO).
Can I buy or sell Hex stock?
Since Hex is a private, venture-backed company, its stock is not available for purchase by the general public on stock markets. Selling shares is typically restricted to employees or early investors and may be possible through private secondary market transactions.
What is the criteria to buy or invest in Hex stock?
Investing in a private company like Hex is generally limited to accredited investors and venture capital firms during specific funding rounds. Platforms like Prospect provide the kind of data on growth and valuation that these investors use to evaluate opportunities.
